Foreign investments
Article Abstract:
Indet Safety Systems (ISS) (Vsetin, Czech Republic), car pyrotechnical initiator manufacturer, wants to utilise Nichimen (Japan) for its foreign expansion. ISS has had a 15% stake held by the trade company Nichimen and a 51% stake by the car airbag system manufacturer Nippon Kayaku (NK) (Japan) since the end of 1998. ISS is aiming to produce higher units including seat belt and airbag micro gas generators. ISS expects a turnover of about 150 mil Kc in 2000 compared to about 130 mil Kc in 1999. The firm exports 100% of its production. About two thirds of the firm's exports go to Japan and one third to Germany. ISS has 76 employees. ISS has also a 34% stake held by Zbrojovka Vsetin-Indet (Vsetin, Czech Republic).
Publication Name: Ekonom-Tydenik Hospodarskych Novin
Subject: Business, international
ISSN:
Year: 2000
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EURAC plans investments in the Czech Republic
Article Abstract:
European Automotive Components (EURAC) (UK), automotive component manufacturer, plans investments of USD 10 mil in the Czech Republic from 2001. The investments should be used mainly for the foundry and forging sectors. EURAC is considering three localities in the Czech Republic. A grey cast iron foundry should be built during the first stage of the investments by Nov 2001. The foundry should have 120 employees.
Publication Name: Ekonom-Tydenik Hospodarskych Novin
Subject: Business, international
ISSN:
Year: 2001
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